News

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Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans

Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
November 01, 2022  |  Loans

Auto finance platform Lendbuzz has secured a $150 million credit facility from J.P. Morgan and will use it to help expand the number of borrowers...

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Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
November 01, 2022  |  Economy

Intuit has reportedly paused hiring at its Credit Karma unit, with all new hiring to be paused but with no pay cuts and with employees...

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Uber’s Grocery Investments Boost Platform-Wide Engagement
Uber’s Grocery Investments Boost Platform-Wide Engagement
November 01, 2022  |  Delivery

Early results show that Uber’s investments in its grocery offerings are paying off, by both driving adoption and strengthening the platform’s cross-vertical engagement, company executives...

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Uber Says 70% of New Drivers Signed Up to Beat Inflation
Uber Says 70% of New Drivers Signed Up to Beat Inflation
November 01, 2022  |  Earnings

As Uber reported its third-quarter earnings, CEO Dara Khosrowshahi had a pointed stat that spoke volumes about the gig economy in general and the mobility/delivery...

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Pick n Pay Expands Crypto Payments in South Africa
Pick n Pay Expands Crypto Payments in South Africa
November 01, 2022  |  Cryptocurrency

The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers...

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Google Unveils Deal-Finding Tools for Shoppers
Google Unveils Deal-Finding Tools for Shoppers
November 01, 2022  |  Google

With the holidays approaching and consumers increasingly worried about costs, Google has unveiled a series of tools designed to help them find deals when they...

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FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
FinCEN Says Ransomware Attacks Reported by FIs Leapt 108% in 2021
November 01, 2022  |  Security & Fraud

The number of ransomware attacks reported by financial institutions (FIs) and occurring in 2021 was double the number that occurred during the previous year. Get...

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B2B Firms Positioned to Meet Recreational Demand as Germany Moves to Legalize Cannabis
B2B Firms Positioned to Meet Recreational Demand as Germany Moves to Legalize Cannabis
November 01, 2022  |  emea

As the first EU country to lay out a comprehensive framework for cannabis regulation, Germany is in a position to set the agenda and provide...

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PayTabs Set to Acquire Saudi Arabia’s Digital Pay
PayTabs Set to Acquire Saudi Arabia’s Digital Pay
November 01, 2022  |  Acquisitions

PayTabs, a Saudi-based payments company focused on the Middle East, Africa and South Asia (MEASA) market, has announced that it intends to acquire Saudi Arabian...

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